What Carrier Do Not Run A Credit Check?

PUSHBUTTONZ · 10-01-2009, 09:44 PM

I have life/health insurance licences, so far no carrier will take me besides Aflac.This should have been a question on the exam!

Markingriffin · 10-01-2009, 09:49 PM

Originally Posted by PUSHBUTTONZ

I have life/health insurance licences, so far no carrier will take me besides Aflac.This should have been a question on the exam!

They run a credit check because they will be loaning your money from what we call an "Advance"

You can still find companies that will take you with bad credit.

The question is will they give you advancing or not.

PUSHBUTTONZ · 10-01-2009, 10:16 PM

I don't care about advances they know that, but it's still hard to get in door,and please don't mention none competitive companies like primerica! thanks

MedicarePlanSolutions · 10-01-2009, 10:47 PM

Originally Posted by PUSHBUTTONZ

I don't care about advances they know that, but it's still hard to get in door,and please don't mention none competitive companies like primerica! thanks

What state are you in? I have one FE company that wont run your credit and a bunch that are pretty liberal. Send me an e-mail with a bit about your situation and I'll see if I can help you out.

magagent · 10-01-2009, 11:10 PM

Not sure which companies you have applied with but Americo, MOO, Oxford, Forethought are the picky ones.

PUSHBUTTONZ · 10-01-2009, 11:40 PM

As far as I know,they all are picky if they run your credit,I don't make the money I use to,so with a BK,3 JUDGEMENTS PLUS MEDICAL EXPENSES SHOULD I SAY THE HELL WITH IT OR KEEP TRYING!!

TristanTLC · 10-02-2009, 12:09 AM

Plenty of companies will give you a contract, they will just not approve an advance. What type of products do you wish to market? FE, Term, UL, Whole, Health, etc....

WinoBlues · 10-02-2009, 01:05 AM

Originally Posted by PUSHBUTTONZ

As far as I know,they all are picky if they run your credit,I don't make the money I use to,so with a BK,3 JUDGEMENTS PLUS MEDICAL EXPENSES SHOULD I SAY THE HELL WITH IT OR KEEP TRYING!!

Quit? What do you have to lose now? If you only find one company, You can finish the year strong. As far as not going with a non competitive company. What?!? I agree Primerica would be my last choice, but if it were my ~only~ choice. I would tattoo that fricken eagle on my a$$. At least long enough to earn enough to become a real Life Insurance Agent.

There are a lot of recruiters on here. Make them work for you. If they want a piece of you make them earn it.
I personally never buy leads, but it seems to work well for some. I would recommend trying to team up with an established agent. Just remember you need him more than he needs you. So work harder. Make the calls, put the apps together, make the coffee and wash the cups if you have to. Remember 50% of something is better than 100% of nothing.

Look man, sounds like you have been through the ringer. If you are beat up to the point that there is no fight left, this is the wrong business for you. However, if you are hungry enough ~and~ can survive the underwriting time to start getting paid. This business is hard to beat. I would start with SI Whole Life and SI Term. Quick money.

This business rewards hard work. You can do it.

Lee

Feel free to email me.

magagent · 10-02-2009, 11:44 AM

At this point it may be better for you to find a local GA or a local agency that will provide you with leads or appointments. You can still finish the last quarter of this year very stong.. I am very reluctant to suggest this but it might just be the best option.

When I entered this business, this was the option I was forced to take. Yes, they took half of my commissions, but they also put me in front of 25 qualified prospects every week.

DHK · 10-02-2009, 11:06 PM

If you're trying to find a career contract, it may be difficult to get appointed with bad credit.

If you're looking for a broker's contract, it seems easier because you get paid "as earned". I've only had 1 carrier decide not to appoint me, but that's okay as I've got my PGA contract with Ohio National and I can't be happier!

JCK818 · 10-07-2009, 12:16 AM

My credit was crap and I was able to get appointments. DO NOT GIVE UP!!!

palerider · 10-07-2009, 09:37 AM

Originally Posted by PUSHBUTTONZ

As far as I know,they all are picky if they run your credit,I don't make the money I use to,so with a BK,3 JUDGEMENTS PLUS MEDICAL EXPENSES SHOULD I SAY THE HELL WITH IT OR KEEP TRYING!!

Don't worry a lot of people are going through the same thing. If the ecconomy does'nt pick up we will all be in the Government line asking for help. Never give up!